July 8, 2009
Fosters
ROCHESTER — Councilors unanimously agreed to borrow up to $6.325 million for two separate projects — a new water treatment plant and well in the city and construction on Washington Street — with the provision nearly half the cost would be offset by federal stimulus funds.
On June 2 and 16, councilors approved the two projects during the regular meeting and a workshop, respectively, but city officials were not aware the N.H. Department of Environmental Services decided to administer both as state loans, with part of the cost offset by federal funds before the first payment on the loans need to be made, according to City Manager John Scruton.
As a result of Tuesday’s meeting, the council rescinded the two previous approvals to seek state and federal funds, but allowed the city’s proposals to go before Gov. John Lynch and the Executive Council July 15.